Head of EDB takes part in the G20 meeting in Moscow

Moscow, 15 February 2013. Eurasian Development Bank’s (EDB) delegation headed by Igor Finogenov, Chairman of the Management Board, is taking part in the G20 finance ministers and central banks governors’ meeting, which opened today in Moscow.

The meeting welcomes heads of the largest international organisations and financial institutions, including the UN, the OECD, the EU, the IBRD, and the IMF. They will discuss global economic risks and measures to ensure stable economic growth and address global imbalances. Also on the agenda are the problems associated with financing investment in the context of instability and economic shocks and the reform of the international financial architecture.

The participants will also discuss how to coordinate activities in order to ensure an effective operation of the international monetary system. This agenda includes post-crisis borrowings, debt management and the strengthening of regional security networks and financial regulation.

Additional Information

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital exceeds US $1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan. Read more at https://www.eabr.org.